New order win may boost BEML

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Capital Market
Last Updated : Oct 07 2019 | 9:04 AM IST

BEML has bagged further orders in Metro from M/s Delhi Metro Rail Corporation (DMRC) for 'RS15' - design, manufacture, supply, testing and Commissioning of 80 units Broad Gauge Intermediate Cars compatible with existing 'RS1' type trains for conversion of 6-car train set to 8-car train set valuing Rs 729 crore approx. The announcement was made after market hours on Friday, 4 October 2019.

Lupin announced the launch of Mycophenolate Mofetil Capsules USP, 250 mg. Lupin's alliance partner Concord Biotech (Concord) had received an approval from the United States Food and Drug Administration (U.S. FDA) earlier. The announcement was made after market hours on Friday, 4 October 2019.

Glenmark Pharmaceuticals informed that in relation to an inspection conducted by USFDA between 15 to 20 April 2019 at the company's Baddi facility in Himachal Pradesh, the company had earlier informed that the inspection was classified as 'Official Action Indicated' vide a letter by USFDA. With regards to the same inspection, USFDA has now issued a 'Warning Letter' to the Baddi facility. The company is committed to work along with USFDA to implement all the necessary corrective actions required to address the concerns raised in the letter and is in the process of preparing a detailed response to USFDA within 15 working days. The announcement was made on Saturday, 5 October 2019.

Wipro said the company has completed acquisition of International TechneGroup Incorporated (ITI), a global digital engineering and manufacturing solutions company. The announcement was made after market hours on Friday, 4 October 2019.

Dr Reddy's Laboratories informed that the company has received the Establishment Inspection Report (EIR) from US FDA, for the its API manufacturing plant 2 at Bollaram, Hyderabad, indicating closure of the audit and the inspection classification of this facility is determined as Voluntary Action Initiated (VAI). The announcement was made on Saturday, 5 October 2019.

Yes Bank has lodged a complaint with Mumbai Police and Cyber Cell against the dissemination of fake news and spread of rumors about the bank's financial health on WhatsApp and other social media platforms. The announcement was made on Sunday, 6 October 2019.

Ashok Leyland informed that to align production in line with sales, the company's plants at various locations will be observing non-working days ranging from 2-15 days, during the month of October 2019. The announcement was made after market hours on Friday, 4 October 2019.

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First Published: Oct 07 2019 | 8:31 AM IST

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